Is cryptocurrency so difficult to understand

[Gankstard]

To be honest it was not that hard for me to understand but i find it pretty hard to explain it to people that have no affinety with these kind of things. I tried to explain some of my older colleagues what cryptocurrency is and how to invest in this but i find my self trying to explain it way to difficult. I think for someone new to crytocurrency a good old evening of google will help allot, but you allready need some technic background or affinity in my opinion.

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[Sumo]

I think learning to understand cryptocurrencies should be gradual. It is not necessary to load a person with new knowledge at once. Many people absolutely does not understand neither in Finance nor in modern technology, therefore, it is difficult understood the cryptocurrency.

[djselery]

Cryptocurrency and blockchain technology seems a bit hard to understand for the first time, but after spending some time learning and reading about this field, you can get at least the basical needed knowledge about it, and it is enough for the most crypto traders and investors. Getting more technical knowledge requires a level of education as well.

[leetcoiner]

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

And what exactly is the complexity of understanding? If a person is more or less familiar with the concepts of the Fiat currency and the economic market as a whole, then there should be no particular difficulty in understanding. The system is that the blockchain will have to explain a little bit. Well, if a person does not understand the traditional currency system, then he is still very far from crypto-currency operations and digital currencies in General. How did you try to explain it?

[samputin]

I think cryptocurrency is not difficult to understand but it is very risky. First if you read and research about cryptocurrency, you can earn proper knowledge about cryptocurrency. Then you can understand it easily.

At first i thought its hard to understand,why do i have to do this and that.  But giving time to yourself to understand,  learn,  read,  research about it we can understand how to do it.  Its easy to understand and it will show you that taking risk on a business is always part of it.

[normanz]

For people who are not familiar with crypto it will be difficult, but if they have a sense of interest in crypto, then it will make it easier to understand crypto.

[Glutius]

It seems to us, already experienced investors, that there is nothing complicated in investing in cryptocurrency. But in fact, a person who has never dealt with something like this, it is very difficult to immediately understand the cryptocurrency market to understand how it works. But only time and desire to study cryptocurrencies will help here.

[SubstantialLynx6]

i think that many people don't understand about cryptocurrency, making it difficult for them to understand! but with the development of today, crypto is not difficult to understand now!

[minhlee95]

When I first started to get acquainted with the cryptocurrency market, I also thought that everything here is very difficult. But gradually I delved into it and so quickly figured it out because I was very interesting to study bitcoin.

[bitvelk]

I have an economic education, so I was quite easily given knowledge about bitcoin. But there is nothing surprising in the fact that it is difficult for someone to understand it at once. All people have different types of thinking, and everyone needs a different amount of time to understand bitcoin.

[Bugatti73]

I have an economic education, so I was quite easily given knowledge about bitcoin. But there is nothing surprising in the fact that it is difficult for someone to understand it at once. All people have different types of thinking, and everyone needs a different amount of time to understand bitcoin.

Agree with you.
As for  me , if you like cryptocurrencies world like me, it's not realy difficult to understand it.

[kakoli akter jhumu]

I think it's little bit tough for those who are not used to connect with up-to-date technology of the world,so to understand cryptocurrencies you can suggest them to research more to know about the actual thing.

[OSEIBOATENG]

When I first joined this platform I was really having a hard time learning more about the crypto world but it takes a little time with patient and also researching more about cryptocurrencies with also the help of great people on this platform.  

[christofyler]

Cryptocurrency is a wide field it takes lot of time to understand  it is difficult in the way you make transaction and make payment but if you are confident to have a profit and have a money you can pursue it to enchance your understanding on bitcoin. Crypto is a is what you learn day by day the main key to it is patient and smartness.

[Chooroz]

For people who are not familiar with crypto it will be difficult, but if they have a sense of interest in crypto, then it will make it easier to understand crypto.

Well for me it is not really difficult to understand because i am investing on some networking before that's why it is okay for me to risk some of my savings in cryptocurrency and for me people will understand crypto more easy if it will supported by more countries.

[jerrison]

i believe the people who think crypto is too difficult to understand have not actually given time to understand how the system works. it is a general knowledge that what things someone does not understand are things that one has not given quality time to understand.

[rickn]

Crypto is a complicated subject for common people and there will be a way to explain this investment in simple answers

[princesspoppy]

Yes, it is hard to understand cryptocurrency. I needed to read and study lot of things regarding cyptos and everything about it, and until now, there are still lot of things to learn in cryptos. As long as you are willing to learn about something, you'll do anything to learn that thing and that is what I am doing that's why I keep studying and doing research about cryptos.

[satria2]

i believe the people who think crypto is too difficult to understand have not actually given time to understand how the system works. it is a general knowledge that what things someone does not understand are things that one has not given quality time to understand.

Only requires higher learning to judge that Bitcoin is not a difficult thing to say at this time. if you keep trying then you will know the results of what you are trying.

[Ividanik]

It's not one of the easiest spheres, it requires deep analytical understanding and strong mathematical background, not everybody is equally strong in math and this the first milestone that makes it hard - personal skills